Draganfly Inc. (NASDAQ:DPRO) Stock Has Average Price Target of $11.62 According to Brokerages

Posted by Francis Steltz on Oct 12th, 2026

Shares of Draganfly Inc. (NASDAQ:DPRO – Get Free Report) have earned an average rating of “Moderate Buy” from the five brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $11.62.

Several brokerages have recently issued reports on DPRO. LADENBURG THALM/SH SH lowered their price objective on shares of Draganfly from $12.75 to $11.50 and set a “buy” rating for the company in a research report on Thursday, August 13th. Needham & Company LLC reaffirmed a “buy” rating on shares of Draganfly in a research report on Tuesday, September 29th. Zacks Research cut shares of Draganfly from a “hold” rating to a “strong sell” rating in a research report on Monday, October 5th. Finally, Wall Street Zen lowered shares of Draganfly from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th.

Check Out Our Latest Analysis on Draganfly

Institutional Trading of Draganfly

A number of institutional investors have recently modified their holdings of the company. World Investment Advisors bought a new position in shares of Draganfly during the fourth quarter worth about $285,000. Bank of New York Mellon Corp acquired a new stake in Draganfly in the 2nd quarter valued at approximately $62,000. GK Wealth Management LLC acquired a new stake in Draganfly in the 2nd quarter valued at approximately $55,000. Finally, Purpose Unlimited Inc. bought a new stake in Draganfly in the 4th quarter valued at approximately $43,000. 10.39% of the stock is currently owned by institutional investors.

Draganfly Stock Performance

Shares of DPRO opened at $4.40 on Wednesday. The stock has a 50 day simple moving average of $5.10 and a 200 day simple moving average of $5.32. Draganfly has a 52-week low of $3.78 and a 52-week high of $14.40. The firm has a market capitalization of $151.25 million, a PE ratio of -5.64 and a beta of 2.91.

Draganfly (NASDAQ:DPRO – Get Free Report) last announced its earnings results on Monday, August 10th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.13). Draganfly had a negative return on equity of 26.61% and a negative net margin of 355.34%. The company had revenue of $1.93 million for the quarter, compared to analyst estimates of $2.56 million. The business’s quarterly revenue was up 26.0% on a year-over-year basis. Equities research analysts predict that Draganfly will post -0.83 EPS for the current fiscal year.

About Draganfly

(Get Free Report)

Draganfly Inc is a Canadian drone technology company that develops and provides unmanned aerial systems, software and related services. The company designs and manufactures drones for applications that include public safety, emergency response, industrial inspection, agriculture, mapping, surveying, delivery and defense-related operations.

Its product portfolio includes multirotor and fixed-wing aircraft, customized unmanned systems, drone payloads and autonomous flight technologies. Draganfly also provides data collection, aerial imaging, engineering, training and drone-as-a-service solutions designed to help organizations gather information and perform tasks remotely.

Founded in 1999, Draganfly describes itself as one of the oldest commercial drone manufacturers.